Amendment of the Occupational Pension Schemes (Contracting-out) Regulations4

1

The Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 199611 shall be amended in accordance with paragraphs (2) and (3).

2

In regulation 912 (making of elections by employers for the variation or surrender of contracting-out certificates)—

a

in paragraph (5)(e)—

i

at the end of head (i) insert “and”;

ii

at the end of head (ii) omit “and”;

iii

head (iii) shall become sub-paragraph (ea);

b

in paragraph (5)(ea) at the beginning insert “where the notice is not about surrendering a contracting-out certificate due to the scheme winding up, contain a statement that”;

c

in paragraph (6) for “such a notice as is mentioned in this regulation” substitute “a notice under this regulation which is not about surrendering a contracting-out certificate due to the scheme winding up”.

3

In regulation 12(4) (special provision for holding companies and subsidiaries) for “9(5)(e)(iii)” substitute “9(5)(ea)”.